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Ascott Raffles Place Singapore

Broker's Calls

Ascott Residence Trust (ART) upgraded to 'buy' by OCBC on 'impressive' sale of Raffles Place property

SINGAPORE (Jan 14): OCBC Investment Research is upgrading Ascott Residence Trust (ART) to “buy” from “hold” given the serviced residences REIT managed to sell Ascott Raffles Place Singapore at significantly above its book value.

January 14, 2019

The Edge Publishing Pte Ltd.